SJM 4860 Gregg LLC
SJM 4860 Gregg LLC is located in Pico Rivera, CA, and the SBA lists its industry as Other Miscellaneous Nondurable Goods Merchant Wholesalers. It was approved for an SBA 504 loan ($2,475,000 SBA portion) on October 11, 2023 to finance real estate or equipment.
SBA 504 loan, approved Oct 11, 2023
- SBA (CDC) portion
- $2,475,000
- Bank portion
- $2,969,300
- Estimated project size
- $6,049,222 (estimated)
- Estimated owner equity
- $604,922 (estimated, about 10% of the project)
- Bank lender
- City National Bank, Los Angeles, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 11, 2048 (estimated, approval date plus term)
- First disbursement
- Jan 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 424990, Other Miscellaneous Nondurable Goods Merchant Wholesalers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-38
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 67% of expansion loans in Other Miscellaneous Nondurable Goods Merchant Wholesalers on this site.
- Average expansion loan in Other Miscellaneous Nondurable Goods Merchant Wholesalers: $2,330,259.
- Average expansion loan in California: $2,161,468.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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